New European mall openings slow to 2005 level: C&W

The number of new shopping centre openings in Europe has slowed to the lowest rate since 2005, according to new research from Cushman & Wakefield. Just 2.1 million m[sup]2[/sup] of shopping centre gross lettable area (GLA) was added to the market in the first half of 2010. A total of 64 centres opened - a decrease of around 50% year-on-year compared to the same period in 2009, which saw 120 centre openings.

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